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I am no expert but this is what I would do since you have a family and I assume you are relatively young...

I would buy several different term life insurance policies for like $200,000 each from different well known companies. (StateFarm, etc.)

I would buy one whole life policy for like $200,000 from a well know company.

Term = cheaper and only pays when you die. Whole = more expensive and builds a cash value that you can borrow against or close before you die and pays out when you die.

$1MM total for a 30 something year old should only be a couple hundred per month.

The advantage of having 4 or 5 smaller policies is that you can cancel one or two down the road if you cant afford them. You also have a better chance of not getting screwed by 5 different companies opposed to 1.

If you miss any payments, your policy is terminated and you have paid for years for nothing. You have to make sure you pay in advance and never get behind no matter what.

PS - Have your wife do it also. Also try to get policies (at least a few) that cover suicide. Yes, there are some. REGARDLESS of your feelings about it, if your death is ruled one, you don't want your wife to get screwed out of her money. (Car accident, drugs, alcohol poisoning etc. could all be ruled as suicide.)

If you do the math whole life provides worse returns, more fees, and more expensive coverage than a term life policy. Take the extra money and invest it separately Get free quotes from sites like Zander insurance. Don't rely on your job for all your insurance needs as you might lose your job and your ins at same time.
I don't sell anything. My wife is almost 30 we pay 14.00 a month for 250 k 20 year term. That's dirt cheap.